First Western Financial (MYFW) Provision for Credit Losses (2017 - 2026)
First Western Financial (MYFW) reported Provision for Credit Losses of $647,000 for the quarter ended Sep 30, 2026, down 71.3% from $2.26 million a year earlier.
First Western Financial (MYFW) Provision for Credit Losses (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, First Western Financial's Provision for Credit Losses came in at $318,000, down 90.9% year-over-year; for the year ended Dec 31, 2025, it came in at $5.03 million, up 46.1% from the prior year.
- Provision for Credit Losses has a five-year compound annual growth rate of 1.4% (years ended Dec 2020 to Dec 2025).
- By year, Provision for Credit Losses came in at $3.44 million in the year ended Dec 31, 2024 (-71.5%), $12.08 million in the year ended Dec 31, 2023 (+228.0%), $3.68 million in the year ended Dec 31, 2022 (+104.6%) and $1.8 million in the year ended Dec 31, 2021 (-61.6%).
- Five-year quarterly Provision for Credit Losses spans a low of -$805,000 in the quarter ended Mar 31, 2023 and a high of $9.35 million in the quarter ended Dec 31, 2023.
- Year over year, Provision for Credit Losses gained in 1 of the last four quarters, with growth averaging 1.5%.
- The high point for year-over-year Provision for Credit Losses in five years was the quarter ended Dec 31, 2023 (growth of 681.3%); the low point was the quarter ended Mar 31, 2025 (a decline of 72.5%).
- Per Business Quant data, the three quarters before the quarter ended Sep 30, 2026 came in at -$508,000 (quarter ended Jun 30, 2026), -$728,000 (quarter ended Mar 31, 2026) and $907,000 (quarter ended Dec 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 2.74 Bn |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | 838.45 Bn |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 1.24 Bn |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 103.00 Mn |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 717.20 Mn |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 368.00 Mn |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 1.03 Bn |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | - |
| 10 | First Western Financial | 302.94 Mn | -548.14 Mn | - | 647,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 647,000.00 |
| Jun 30, 2026 | -508,000.00 |
| Mar 31, 2026 | -728,000.00 |
| Dec 31, 2025 | 907,000.00 |
| Sep 30, 2025 | 2.26 Mn |
| Jun 30, 2025 | 1.77 Mn |
| Mar 31, 2025 | 192,000.00 |
| Dec 31, 2024 | -736,000.00 |
| Sep 30, 2024 | 796,000.00 |
| Jun 30, 2024 | 2.68 Mn |
| Mar 31, 2024 | 699,000.00 |
| Dec 31, 2023 | 9.35 Mn |
| Sep 30, 2023 | 1.32 Mn |
| Jun 30, 2023 | 2.21 Mn |
| Mar 31, 2023 | -805,000.00 |
| Dec 31, 2022 | 1.20 Mn |
| Sep 30, 2022 | 1.76 Mn |
| Jun 30, 2022 | 519,000.00 |
| Mar 31, 2022 | 1.80 Mn |
| Dec 31, 2021 | 1.38 Mn |
First Western Financial Provision for Credit Losses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=provision-for-credit-losses&ticker=MYFW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-credit-losses", "ticker": "MYFW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=provision-for-credit-losses&ticker=MYFW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();